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  1. Likely Loans Help & Support
  2. Applying for a new loan

Applying for a new loan

Before you apply

  • Are there other ways that we can help?
  • How much can I borrow?
  • Will applying affect my credit file?
  • I have a poor credit rating – can I apply?
  • Do I need to be a homeowner to apply for a Likely Loan?
  • Do you charge an arrangement fee?
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Applying for a Likely Loan

  • How do I apply for a Likely Loan?
  • What information do I need to apply for a loan?
  • Why am I being asked to log into my bank account?
  • Why have I been asked to prove my income?

Why do I need to link my bank account?

  • What happens if I can't find my bank on the Open Banking list?
  • Do I have to agree to Open Banking to apply for a loan?
  • What information will you be able to see?
  • Who can see my login information and is it safe?
  • What is Open Banking?

Completing your application

  • Why have I been asked to submit additional documentation as part of my application?
  • I can’t upload my documents

Next steps

  • What happens after I have submitted my application?
  • When do I get my money?
  • What documentation will I receive?
Likely Loans Help & Support